BOSTON--(BUSINESS WIRE)--A new study released today by the Ponemon Institute finds that endpoint
security risk has become rampant. 54 percent of respondents said their
company experienced a successful attack. Of those respondents, 77
percent were victim to fileless attack or exploit. Sponsored by Barkly,
the leading endpoint protection company using advanced intelligence to
deliver the strongest security made simple, the survey of 665 IT and
security leaders finds that over-reliance on traditional endpoint
security is leaving organizations exposed to significant risk.

“This survey reveals that ignoring the growing threat of fileless
attacks could be costly for organizations.”said Dr. Larry
Ponemon, Chairman and Founder of Ponemon Institute.“The cost of
endpoint attacks in the companies represented in this study could be as
much as $5 million, making an enterprise-wise endpoint security strategy
more important than ever.”

To address the rising threat of fileless attacks, over 50% of
organizations looked to replace or augment their existing endpoint
security with new tools designed to stop fileless attacks. However, even
with the transition to next generation security, organizations cited
protection gaps, high false positive rates and complexity of management
as top challenges with new solutions. False positives, for example, were
ranked as the most significant “hidden” cost of endpoint protection
comprising 48% of all security alerts. With fileless attacks on the
rise, and false positives accounting for almost half of all alerts, it
is no surprise that only 36% of organizations report having enough
resources to effectively manage it all.

“Based on this research, organizations need a strategy in place to block
fileless attacks, which are responsible for the majority of today’s
endpoint compromises. To restore their faith in endpoint security, new
solutions also need to address the crucial gap in advanced protection
without adding unnecessary complexity and alarming false positive rates
to endpoint management.” said Mike Duffy, CEO of Barkly.

You can access the complete 2017 State of Endpoint Security Risk report
here.
We also invite you to join us for a webinar on December 4th at 2 PM EST
to hear the full survey findings and implications for your organization. Register
here.

About Barkly:Barkly is the endpoint protection company
using advanced intelligence to deliver the strongest security made
simple. The Barkly Endpoint Protection Platform™ delivers the only
protection capable of blocking all types of attacks, whether
script-based, file-based, exploit, or zero-day, with the simplest
management. Barkly’s protection stays ahead of evolving threats by
leveraging Responsive Machine Learning™ to maximize protection and
minimize false positives for every organization. Learn more by visiting
us at www.barkly.com
or follow us on Twitter @BarklyProtects.